Home » Re-dollarisation to weigh on AfCFTA’s competitiveness

Re-dollarisation to weigh on AfCFTA’s competitiveness

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THE Treasury says the complete re-dollarisation of the economy will make it difficult for local businesses to join the Africa Continental Free Trade Area (AfCFTA) and remain competitive. The Zimbabwe dollar’s depreciation against major currencies has led to fears of re-dollarisation, as confidence in the domestic unit has reached new lows with some formal retailers…

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